CBN Official Exchange Rates For April 5, 2024
The Central Bank of Nigeria (CBN) has released its official exchange rates for today, April 5, 2024.
These rates determine the value of the Naira against foreign currencies and play a significant role in international trade and financial transactions.
Here are the CBN’s official exchange rates for various currencies:
US Dollar (USD)
Buying: ₦1259.99
Central: ₦1260.49
Selling: ₦1260.99
Pounds Sterling (GBP)
Buying: ₦1590.4854
Central: ₦1591.1165
Selling: ₦1591.7477
Euro (EUR)
Buying: ₦1364.0652
Central: ₦1364.6065
Selling: ₦1365.1478
Swiss Franc (CHF)
Buying: ₦1390.564
Central: ₦1391.1158
Selling: ₦1391.6676
Japanese Yen (JPY)
Buying: ₦8.2987
Central: ₦8.302
Selling: ₦8.3053
CFA Franc (XOF)
Buying: ₦2.7334
Central: ₦2.7434
Selling: ₦2.7534
West African Unit of Account (WAUA)
Buying: ₦2218.4227
Central: ₦2219.3031
Selling: ₦2220.1834
Saudi Riyal (SAR)
Buying: ₦335.8988
Central: ₦336.0321
Selling: ₦336.1654
Danish Krone (DKK)
Buying: ₦182.8245
Central: ₦182.8971
Selling: ₦182.9696
Special Drawing Rights (SDR)
Buying: ₦1664.8248
Central: ₦1665.4854
Selling: ₦1666.1461
These rates are subject to change based on market conditions and CBN interventions.
It’s essential for businesses, investors, and individuals involved in international transactions to stay updated on these exchange rates to make informed decisions.
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